Property score
33.5
Below average
Overall 33.5 · Compared with neighbourhood average
775 sqft (bottom 32%) · Built in 1913 (21 yrs older than avg)
Located in a average-income area with median household income of ~53.2k
Transit 100.0 · 1-min walk to transit with 7 nearby routes · Within 500m: 1 school, 5 parks, 3 place of worships, and 1 government office nearby
Living Area
Below average
19% smaller than neighborhood avg.
Year Built
Below average
21 yrs older than neighborhood avg.
Mother tongue
English · 70%Tagalog · 6%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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33.5 is composed by the two sections below.
Property Score
Community Score
Chalmers
How to read: Share of sales in each ~$50k price band for “chalmers” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110686
$53K
Median household income
$57K
Average household income
24%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.6
P90 / P10 ratio
35%
Single-person households
14%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
86 Watt Street — 10 amenities found within 500 m, across 4 categories, including 1 education (nearest 238 m), 5 parks (nearest 199 m).
Chalmers · WPS public data · 2026
Annual incidents
67
2026
vs. city avg
+127%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
51%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 12% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 86 Watt Street, Winnipeg
Key Characteristics & Buyer Appeal
This is a compact, century-old one-storey home in the Chalmers neighbourhood, built in 1913. Its key characteristic is its modest scale, with 775 sq ft of living space on a 2,454 sq ft lot. The home presents as a straightforward, entry-level property with an unfinished basement and no garage. Its appeal lies primarily in its affordability and lot potential. The very low assessed value and historical sale price point to a property that is likely a fixer-upper or a candidate for land value redevelopment. It would suit a specific type of buyer: a hands-on first-time purchaser looking for a project, an investor considering a hold-and-renovate strategy, or someone primarily interested in securing an affordable lot in the city. A less obvious perspective is that its smaller lot size, while below area averages, may be more manageable for a new homeowner and could keep property taxes relatively lower compared to the neighbourhood. Its age and condition suggest it requires vision and investment to realize its potential.
Frequently Asked Questions
1. What does the "below average" ranking for land area mean?
The lot size is smaller than most properties on its street and in the wider Chalmers area. However, at just under 2,500 sq ft, it remains a standard city lot, offering potential for outdoor space or future expansion.
2. Why is the assessed value so much lower than the last sale price?
The assessed value is for municipal tax purposes and can lag behind market values. The significant gap between the 2019 sale price of $130k and the current assessed value of $13.2k may indicate the home is in need of significant updates or that the assessment is due for review.
3. Is the unfinished basement a drawback?
It depends on your goals. While it adds no finished living space, it provides essential mechanical systems and considerable storage or future development potential, which is a positive for a buyer planning renovations.
4. Who might this property not be suitable for?
It is likely not suitable for buyers seeking a move-in ready home, those needing multiple bedrooms or ample living space, or anyone unwilling to take on maintenance or renovation projects typical of a 110+ year-old house.
5. How should I interpret the comparison to nearby "similar assessed value" properties?
This shows other properties with the same municipal tax assessment. They are not necessarily similar in style or condition. This list underscores that this is an entry-point property in the Winnipeg market, and viewing it in person is essential to understand its specific state and value.
